Save Article

Cisco Watch: Market Sending Bullish Signals

Cisco reports earnings later today. Will John Chambers bring good news or another batch of rough news as he did in the previous quarterly report?

Looking at market action, it seems folks are inclined to think positively. Cisco’s shares are edging about 0.6% higher in an otherwise flat market. Other big networkers are also on the rise, with Juniper Networks up 0.7% and Alcatel-Lucent gaining about 1%.

Smaller companies in the space are also mostly positive, including JDSU (+7%), Ciena (+1.5%) and Finisar (+3%).